Florida § 319.271 - Terminal rent adjustment clause.
Full text of Florida Florida Statutes § 319.271 — Terminal rent adjustment clause., with citation guidance and answers to common questions.
§ 319.271. Terminal rent adjustment clause.
In the case of motor vehicles or trailers, notwithstanding any other provision of law, a transaction does not create a security interest merely because it provides that the rental price is permitted or required to be adjusted under the agreement either upward or downward by reference to the amount realized upon sale or other disposition of the motor vehicle or trailer.
Source: official Florida text · Last verified 2026-08-27
Frequently Asked Questions About Florida § 319.271
What does Florida Statutes § 319.271 cover?
Section 319.271 ("Terminal rent adjustment clause.") is part of the Florida Statutes, the codified statutory law of Florida. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Florida § 319.271?
A common citation format is "Florida Statutes § 319.271" (Florida). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Florida law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Florida official source linked on this page or consult a licensed Florida attorney.
How does Florida § 319.271 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Florida can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Florida.